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575: Why candidates fail profit cases (Case Interview & Management Consulting classics)

575: Why candidates fail profit cases (Case Interview & Management Consulting classics)

FromCase Interview Preparation & Management Consulting | Strategy | Critical Thinking


575: Why candidates fail profit cases (Case Interview & Management Consulting classics)

FromCase Interview Preparation & Management Consulting | Strategy | Critical Thinking

ratings:
Length:
5 minutes
Released:
May 10, 2023
Format:
Podcast episode

Description

For this episode, let's revisit a Case Interview & Management Consulting classic where we discuss why candidates fail profit cases. Most candidates would tackle a McKinsey profitability case by presenting a revenue-cost framework and offer options to lower costs and increase revenue. The reality is that such a framework and explanation shows a deep misunderstanding of business and business strategy. In this podcast, we present the correct way to understand profitability cases which require candidates to understand the growth and cost of growth needs of shareholders. This logic never fails to impress interviewers. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
Released:
May 10, 2023
Format:
Podcast episode

Titles in the series (100)

Firmsconsulting maintains a 80% success rate at placing clients within McKinsey, BCG and Bain. This is the highest in the industry and the rate is higher if we include other firms. We achieve this rate because we only use former partners from McKinsey, BCG et al to develop our clients. This makes us unique. Our podcasts have been downloaded over 2 million times worldwide and we rank in the Top 10 career podcasts in most countries. Opt-in to our newsletter at www.firmsconsulting.com to receive free sample Insider content that we share nowhere else. This podcast discusses some, but not all, the techniques used in our highly successful program "The Consulting Offer" where we take real students and train them for interviews, and publish all the videos online. In 5 seasons, the show has succeeded to place a candidate. Alice Zhou, Felix, Jennifer Nwankwo, Sanjeev & Assel are all successful participants of this program. www.firmsconsulting.com www.strategytraining.com